Cover

Rewane Projects Inflation Averaging 16% in 2026

Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has projected that inflation averaging 16% will define Nigeria’s economic outlook in 2026. He attributes the forecast to base-year effects from the new CPI methodology, exchange rate pressures and debt servicing costs, urging businesses to prioritise strategic liquidity and risk management amid lingering macroeconomic uncertainty.
Read more

Oyedele Says PAYE Cuts Are Raising Workers’ Take-Home Pay Under New Tax Laws

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says PAYE cuts are already increasing workers’ take-home pay under Nigeria’s new tax laws. While acknowledging mixed feedback from employees, he insists early salary data confirms reduced deductions and higher net income for most workers, adding that further engagement with employers is underway to address implementation gaps
Read more

Rivers Crisis: APC Leaders Call on National Assembly to Assume State Assembly Functions

Leaders of Nigeria’s ruling party have urged the National Assembly to consider assuming the legislative functions of the Rivers State House of Assembly, citing an escalating political crisis in the state. The call follows stalled impeachment proceedings against Governor Siminalayi Fubara and a refusal by the state’s chief judge to constitute an investigative panel amid subsisting court orders.
Read more

Kwankwaso Declares January 23 ‘World Betrayal Day’ After Abba Yusuf’s NNPP Exit

Rabiu Musa Kwankwaso, national leader of the NNPP, has declared January 23 as “World Betrayal Day” following Kano Governor Abba Kabir Yusuf’s resignation from the party. The declaration, made during an address to supporters in Kano, underscores growing internal divisions within the Kwankwasiyya movement and highlights deepening political tensions after Yusuf’s planned defection.
Read more

Kano Governor Abba Yusuf Dumps NNPP Amid Prolonged Party Crisis

Kano State Governor Abba Kabir Yusuf has resigned from the New Nigeria Peoples Party, citing persistent internal crises and leadership disputes. The decision, formally communicated to party officials, marks a significant political shift in Kano and could trigger wider realignments ahead of future elections, as key lawmakers and local government leaders are also reported to be exiting the party structure.
Read more

This website uses cookies to improve User experience. Learn More